610/3-11 Earl StreetLaunceston TAS 7250
Property Details for 610/3-11 Earl St, Launceston
610/3-11 Earl St, Launceston is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 26m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in April 2014.
Last Listing description (April 2014)
Best Western is a name synonymous with holiday accommodation across the world, and right here in the heart of down town central Launceston is the latest 4.5 star edition to that chain.
On offer I have a single bedroom strata unit on the top floor with a 10 year lease in place, showing an approximate return of 5-6%. There is no need to pay management fees or worry about maintenance, there are no rates or water charges to pay, it is all taken care for you. On top of this is the bonus of 4 night's free accommodation in your unit per year.
Terrific for those just starting their investment portfolio or for someone with a self-managed super fund. These investment opportunities do not show up too often, they are a great option for someone who does not have a lot of time on their hands or who would prefer someone else to look after the day-to-day running of their property.
Property History for 610/3-11 Earl St, Launceston, TAS 7250
- 14 Apr 2014Sold for $100,000
- 18 Nov 2013Listed for Sale OFFERS AROUND $108,000
- 22 Oct 2009Sold for $162,000
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0About Launceston 7250
The size of Launceston is approximately 4.5 square kilometres. There are 13 parks, covering nearly 16.4% of the total area. The population of Launceston in 2016 was 2944 people. By 2021 the population was 3110 showing a population growth of 5.6% in the area during that time. The predominant age group in Launceston is 20-29 years. Households in Launceston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Launceston work in a professional occupation.In 2021, 46.80% of the homes in Launceston were owner-occupied compared with 48.20% in 2016.
Launceston has 3,722 properties. Over the last 5 years, Houses in Launceston have seen a 29.47% increase in median value, while Units have seen a 24.45% increase. As at 31 May 2026:
- The median value for Houses in Launceston is $854,205 while the median value for Units is $556,922.
- Houses have a median rent of $580 while Units have a median rent of $450.
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